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Invesco QQQ Trust, Series 1
Long
Updated

Opening (IRA): QQQ August 18th 319 Short Put

59
... for a 3.22 credit.

Comments: Selling premium in the shortest duration where the <16 delta strike is paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Trade closed: target reached
Hit 50% max today ... . 1.61 ($161) profit.

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